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Social StudiesSocial Studies
3 December, 10:30

All business firms make critical judgements to determine how much output to produce. in order to make these judgements effectively, what must the decision makers in any firm understand?

a) the relationship between cost and profit

b) the ratio of unsecured debt and total revenues

c) the ratio of salaried supervisors to hourly workers

d) the relationship between stockholders and the board of directors

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Answers (1)
  1. 3 December, 10:50
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    The GDP allows corporate economists to estimate future production goals based on figures collected from foreign sources.
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